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Insufficient downstream demand keeps the DMF market operating steadily.
Published on 2026-01-31

I. Price Trend
According to the commodity market analysis system of Business Society, as of January 30, the average quoted price of premium-grade DMF by domestic enterprises was 3,940 yuan per ton. Currently, DMF market demand remains sluggish, downstream demand is insufficient, and the overall market is fluctuating at low levels, lacking favorable support.

II. Cause Analysis
Market Aspect: The DMF market is operating steadily, with oversupply putting pressure on prices. Plant maintenance, high industry concentration, and production cuts by some manufacturers due to environmental policies or equipment issues have led to periodic supply shortages.
Methanol Aspect: In the upstream methanol market, traditional downstream demand (e.g., MTO) is weak, while emerging demand (e.g., fuel) is still developing, resulting in high inventory levels and price pressure.
Price Trend: In 2025, prices fluctuated downward, with the year-end spot average price dropping by over 15% compared to the beginning of the year.

III. Future Outlook
Business Society DMF analysts believe that in the short term, DMF prices will remain stable, with insufficient downstream demand leading to narrow-range fluctuations.

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